Bad News: Aston Martin Won't Hit Its Sales Goal This Year
Motor 1
SEPTEMBER 30, 2024
The company is slashing its sales estimates by 1,000 units.
Meeting Monthly Sales Goals with Autosoft DMS
Autosoft
DECEMBER 9, 2024
Meeting Monthly Sales Goals with Autosoft DMS December 10, 2024 Debby Palmiter 4 mins read Navigating Challenges in Low-Volume Dealerships If you manage a low-volume auto dealership, you know the struggle of meeting sales goals. Youll find the information needed to close that big sale in seconds.
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Elon Musk shares ambitious Tesla sales goal
CarExpert
OCTOBER 23, 2024
Tesla CEO Elon Musk has told investors he expects the brand’s electric vehicle (EV) sales to grow significantly in 2025. Mr Musk was buoyed by Tesla’s recent sales figures – the electric carmaker sold 462,890 vehicles globally in Q3. MORE: Tesla sales down by almost half as demand drops MORE: Everything Tesla
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Finish 2024 Strong: 8 Weeks to Crush Your Sales Goals
Proactive Training Solutions
NOVEMBER 14, 2024
Finish 2024 Strong: 8 Weeks to Crush Your Sales Goals Michael Renaud Nov 2nd, 2024 3:41 pm Facebook Twitter LinkedIn With just 8 weeks left in 2024, it’s time to take a hard look in the mirror and ask yourself: How will you and your store close out the year? The answer is up to you.
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Mercedes-Benz bins new EV platform after slow sales – report
CarExpert
MAY 14, 2024
Mercedes-Benz recently softened its electric vehicle (EV) sales goals , and now it has reportedly cancelled one of its next-generation EV platforms. EQS Earlier this year, Mercedes-Benz announced it was delaying its target for EVs and plug-in hybrids to account for 50 per cent of its global vehicle sales from 2025 to 2030.
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Tesla May Not Hit Its Lofty Sales Goals
Jalopnik
DECEMBER 27, 2023
Happy Wednesday! It’s December 27, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Read more.
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Tesla Doesn’t Appear To Be Chasing 20 Million Annual Sales Anymore
Carscoops
MAY 24, 2024
Watch: Elon Musk Isn’t Sure If Tesla Will Build 10 Million Or 20 Million Vehicles Each Year However, Tesla’s 2023 impact report, there is no mention of the ambitious 20-million-sales target, simply saying its “goal is to displace fossil fuels by selling as many Tesla products as possible.”
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Tesla’s Revenues Lower Than Expected In Q4, Says Sales Growth Will Slow Down In 2024
Carscoops
JANUARY 25, 2024
Tesla has suggested that their growth in sales could slow this year, after announcing lower revenues than originally anticipated by analysts. ” One of the reasons why Tesla isn’t anticipating a significant jump in sales this year is because it has already significantly cut prices and likely cannot reduce them much further.
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F-150 Sales Slump Spurs Ford’s Controversial Dealer Incentive Plan
Carscoops
APRIL 4, 2024
With sales of the F-Series dropping 10% this year, Ford is eager to get rid of old stock. After witnessing a 10% decline in F-Series sales from 170,377 units in the first quarter of 2023 to 152,943 trucks this year, Ford is keen to clear out-of-date models from showrooms.
EVALUATE YOUR DEALERSHIP SALES TEAM PERFORMANCE
Dealer World
MAY 23, 2024
Evaluating your dealership’s sales team performance may seem as simple as looking at the bottom line, but in today’s market, it’s actually a very complicated equation. Here’s what to look at to evaluate sales team performance and keep your people working at peak efficiency. But what are these experts seeing that you might be missing?
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WHAT IS MYSTERY SHOPPING FOR DEALERSHIP SALES TEAMS?
Dealer World
MAY 3, 2024
One major component of any automotive Owner’s or GM’s due diligence is a constant and ongoing evaluation of your sales team members’ skills, growth, consistency, and quality of delivery. The specialists in a BDC save time for your sales team by engaging with customers on a range of topics and directing traffic.
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HOW PHONE MYSTERY SHOPS CAN SHARPEN YOUR SALES TEAM
Dealer World
JUNE 13, 2024
Unfortunately, these critical phone interactions can be hard to evaluate, and a few small but important details can be the difference between a sale and a fail. Phone mystery shops are the ideal way to discover what’s actually happening on sales calls, and empower your team with the constructive feedback they need to start closing more deals.
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STRUGGLING DEALERSHIP SALES TEAM? YOU NEED A MYSTERY SHOPPER!
Dealer World
MAY 7, 2024
You’ve been going over your dealership sales team’s KPIs and it doesn’t look good. In most cases, revenue opportunities are left on the table because of inefficient or dated sales practices that aren’t giving customers what they need to make a purchase. You’ve been spending on training, but nothing seems to work. What’s going on?
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The Top 10 Skills of a Successful Automotive Sales Manager
Auto Alert
MAY 30, 2024
The Top 10 Skills of a Successful Automotive Sales Manager Leadership can make or break a dealership. Here are 10 skills that successful Automotive Sales managers have in common. What is an Automotive Sales Manager? Typical characteristics and skills you want to see in a sales manager include: 1.
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6 REASONS TO INVEST IN SALES TEAM TRAINING FOR YOUR DEALERSHIP
Dealer World
JULY 9, 2024
Investing in a great training program is one of the best ways to increase all of your key metrics and meet your monthly sales goals. That being said, sometimes it can be difficult to prioritize sales team training. Your training partner can achieve this through: Sales scripts that are well-crafted.
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7 WAYS TO GIVE YOUR SALES TEAM MOTIVATION TO SUCCEED
Dealer World
MAY 16, 2024
Without them, your business would close tonight, but it’s not enough to simply keep them grinding toward monthly sales goals by dangling the same old carrots. However, people can be complex, and successfully improving sales team motivation can be a difficult and occasionally non-intuitive task.
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Lotus Europe boss leaves after a year
Autocar
APRIL 25, 2024
These revealed a loss of close to £600 million in 2023, and showed that the firm is barely 5% of the way to its sales goal of 150,000 units in just four years ’ time. Johnstone’s departure follows the publication of Lotus Technology's first results as a listed company on 8 April.
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Do end-of-year sales really mean good deals?
Shawn Ryder
JANUARY 19, 2025
But do these end-of-year sales truly lead to remarkable savings? This blog post aims to explore the dynamics behind year-end sales, the effectiveness of discounts, and tips for consumers to make the most reasonable choices during this busy shopping season. Sales Quotas: Many dealerships operate under sales goals set by manufacturers.
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Toyota pours cold water over hot EV targets – report
CarExpert
SEPTEMBER 8, 2024
million EV sales annually by 2026, announced in April last year , has been cut by one third to one million annual sales. million annual EV sales by 2026, while also claiming “the figures were not targets but benchmarks for shareholders”. million sales. million sales. million EV sales by 2030, almost double the 1.81
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Lotus commercial chief leaves after 18 months
Autocar
APRIL 25, 2024
These revealed a loss of close to £600 million in 2023, and showed that the firm is barely 5% of the way to its sales goal of 150,000 units in just four years ’ time. Johnstone’s departure follows the publication of Lotus Technology's first results as a listed company on 8 April.
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The Vast Majority of OEMs are Making Contingency ICE Production Plans as EV Sales Miss Projections, but are Increasingly Optimistic about Health of US Auto Retail Industry
Dealer World
JULY 29, 2024
The survey, gathered from Kerrigan Advisors’ annual survey of automotive OEM executives in conjunction with the issuance of The Blue Sky Report®, is designed to gauge OEM executives’ perspectives on the franchise system, dealer profitability and electric vehicle sales.
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Effortless Sales Management for Small Dealerships with Autosoft DMS
Autosoft
FEBRUARY 12, 2025
Effortless Sales Management for Small Dealerships with Autosoft DMS February 12, 2025 Michael White 4 mins read Revolutionizing Sales for Small Dealerships With Autosoft Small auto dealerships dont often have the employee count to easily handle all aspects of managing an auto sales business.
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Genesis Seeks to Gain Independence from Hyundai
Automotive Addicts
APRIL 30, 2024
” This heightened visibility has contributed to 17 consecutive months of sales growth, signaling promising prospects for Genesis in the competitive luxury market. Strategic hires, including industry professionals like Drew Slaven, have strengthened the company’s capabilities in regional sales goals and advertising strategies.
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Tesla’s Design Boss Says We Should “Stay Tuned” For $25,000 EV
Carscoops
APRIL 9, 2024
A $25,000 Tesla will be crucial for the brand to reach Musk’s lofty sales goals. A recent report indicated Tesla was halting development of the Model 2. Some speculate the firm may have shifted focus to their robotaxi project.
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Porsche still pulling new buyers with electric Taycan
CarExpert
AUGUST 7, 2024
” While sales of the first Taycan initially outpaced the marque’s iconic 911 sports car range when it launched Down Under, deliveries have slowed down quite a bit of late. In the Taycan’s first full global year on sale in 2021, Porsche sold 41,296 examples of its luxury EV, the model’s highest annual sales to date.
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How many car sales would I need to make at your dealership to earn $100,000 a year?
Shawn Ryder
JANUARY 25, 2025
As you embark on a journey to understand how many car sales you’d need to achieve an annual income of $100,000 at a dealership, its essential to break down the financial components that contribute to this goal. On average, lets assume your commission is $400 per sale, a fair estimate for many dealerships.
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Elon Musk says a sub-$40,000 Tesla you can actually drive is “pointless”
CarExpert
OCTOBER 24, 2024
As reported yesterday, Mr Musk also said Tesla is on track to launch more affordable EVs in the first half of 2025, which could generate up to 20-30 per cent sales growth next year – on the proviso that no major wars or interest rate hikes occur. per cent decline in sales of the Model Y, though the SUV remains the country’s best-selling EV.
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Lookers Leeds and Gateshead win Ford President awards
Motor Trader
MAY 13, 2024
Lookers Ford Gateshead and Lookers Ford Leeds have received the accolade, with judges ranking dealerships on areas including surpassing sales goals, high levels of customer satisfaction and overall experience. Two Lookers dealerships have won Ford President’s Awards in recognition of their customer experience and functional expertise.
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Improve your Sales Scheduling With These Simple Steps
AutoRaptor
APRIL 4, 2024
Sales scheduling is a critical aspect of any business. By effectively managing your sales schedule, you can ensure that tasks are completed efficiently, deadlines are met, and resources are allocated appropriately. This allows you to focus on high-priority tasks, eliminate wasteful activities, and optimize your sales efforts.
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The Four Phone Metrics Defining Success in Your Sales Department
AutoSuccessOnline
JULY 10, 2024
The success of your Sales Department is significantly influenced by your team’s phone performance. Understanding and optimizing key phone metrics is crucial for driving sales and boosting your bottom line. These are all potential sales opportunities that may be ready to purchase.
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Tesla walks back another big goal
CarExpert
MAY 23, 2024
Electric vehicle giant Tesla may have backtracked on ambitious sales goals which would have seen it comfortably become the world’s largest carmaker by the end of the decade. Since 2020, Tesla CEO Elon Musk has claimed the brand was aiming to sell 20 million vehicles annually by 2030.
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Another luxury brand scraps EV-only goal
CarExpert
JANUARY 29, 2025
per cent of its sales in 2024. Upgraded versions of its existing EV trio have been revealed, with the updated Electrified GV70 and Electrified G80 due on sale here during the first half of 2025 and the facelifted GV60 following in the third quarter. Genesis is far from the only premium brand to adjust its EV goals.
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HOW AUTOMOTIVE PHONE TRAINING IS IMPACTING CAR SALES
Dealer World
DECEMBER 15, 2023
Let’s face it: automotive sales are becoming increasingly competitive and impersonal with the growth of the online industry. Automotive phone training is a key part of any plan to ensure your sales team presents a unified , deep , and high-quality experience for customers no matter which employee picks up the phone.
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Volvo teases its first electric sedan
CarExpert
SEPTEMBER 4, 2024
Expected to be revealed next year, the ES90’s name follows the same convention as other Volvo EVs such as the EX90 and EX30 SUVs, while also showing the brand isn’t done yet with sedans despite being a niche sales player. It was the brand’s lowest-selling model last year, with only 152 examples shifted.
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OEMs are Making Contingency ICE Production Plans as EV Sales Miss Projections
AutoSuccessOnline
JULY 31, 2024
Automotive OEMs are generally optimistic about the health of the automotive industry over the next 12 months, with the vast majority expecting new vehicle sales to increase or remain the same versus 2023, according to the just-released 2024 Kerrigan OEM Survey.
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Dealership Events: Boost Sales with Engaging Promotions
Shawn Ryder
OCTOBER 8, 2024
Ultimate Guide to Dealership Events: Boosting Engagement and Sales Introduction In the competitive automotive industry, establishing a strong connection with your community is essential for driving sales and fostering customer loyalty. Organize a charity event where a portion of car sales goes to a worthy cause.
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Why Isn’t Your Dealership Maximizing VDPs in Your Lead-Gen Strategy?
AutoSuccessOnline
DECEMBER 27, 2024
This is particularly important right now to maximize every potential sales opportunity to meet end-of-year sales goals. This oversight can result in missed opportunities and reduced conversion rates, ultimately impacting the dealership’s bottom line.
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10 Tips For Improving Car Sales At Your Dealership
Shawn Ryder
MAY 6, 2024
Sales strategies play a critical role in driving success at any dealership. In the competitive world of automotive sales, it is crucial to stay ahead of the game and constantly adapt to the evolving market demands. Train Sales Team Continuous education Even the most seasoned sales professionals can benefit from continuous education.
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This is How You Have Successful Sales Meetings
AutoRaptor
APRIL 4, 2024
Sales meetings are a critical tool for business growth. They provide an opportunity for sales teams to align their efforts, set goals, and strategize for success. However, not all sales meetings are created equal. Understanding the Importance of Sales Meetings Sales meetings play a crucial role in driving business growth.
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Summer Car Sales Guide for Dealerships 2022
Automotive Mastermind
JUNE 2, 2022
Summer car sales are always important for auto dealerships’ annual results. Over the years, dealers have traditionally relied on summer car sales events to meet their sales goals. How Can Contacting Leads Early Help Sales? This allows you to build trust with buyers and set realistic expectations with customers.
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Leveraging Digital Advertising: How Car Dealerships Can Drive More Sales with Targeted Campaigns
Shawn Ryder
SEPTEMBER 30, 2024
In today’s competitive automotive market, digital advertising is a powerful way for car dealerships to reach potential customers and drive sales. Here are some benefits: Improved ROI: By reaching customers more likely to engage with your offerings, you can increase sales while reducing wasted ad spend. Ready to get started?
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4 AUTOMOTIVE DEALER SALES SOLUTIONS FOR 2024
Dealer World
DECEMBER 7, 2023
Online brokers are increasingly eating up market share in the automotive sales industry. Tomorrow’s dealer sales solutions need to focus on perfecting phone communication and maximizing every possible sales opportunity to compete. These are big steps, but once you’ve developed a strategy you can get your whole team on board.
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‘Data Ups:’ A New Era of Sales Enablement
Autoleadstar
JANUARY 22, 2025
Every dealer knows the stress of nearing the end of the month, hoping that a few more hands will be raised so you can hit the leads you need to reach your monthly goal. Historically, auto dealerships have relied on ups to meet their sales targets.
Tulsa Auto Sales: Oil Capital SEO Techniques for Driving Success
Shawn Ryder
JANUARY 23, 2024
Tulsa Auto Sales: Oil Capital SEO Techniques for Driving Success Introduction In today’s digital age, having a strong online presence is crucial for any business. This increased visibility leads to more qualified leads and ultimately drives more sales.
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